Horizon chooses BNY Mellon for custody services 30 April April 2019Newark Reporter: Jenna Lomax
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Horizon Healthcare Services has selected BNY Mellon to be its sole provider of global custody services, accounting and reporting, benefit disbursements, performance measurement and analytics.
BNY Mellon’s New York and Pittsburgh offices will jointly support Horizon.
Horizon is a not-for-profit health services corporation, providing medical, dental, vision and prescription insurance products and services.
Frank Melaccio, vice president and treasurer at Horizon, said: “Besides being a proven leader in global asset servicing, BNY Mellon was selected due to its focus on client service and its continued investment in asset servicing technology.”
Emily Portney, head of asset servicing for the Americas at BNY Mellon, commented: “We are thrilled to have been selected by Horizon.”
She added: “Their selection validates our continued commitment to innovative technology, investment in our client relationships, and our global custody offering.”
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